I have been thinking of something on these lines but with much smaller models. The entire model has to fit on a single computer. Host owner would choose the model they prefer, perhaps because they already use it. Then it is more about utilizing the GPU for LLM requests.

Peer to peer, consumers get to route their request to a host with compatible model. Consumers have to also contribute GPU but it does not have to be equal - I have not thought through the fairness part. Perhaps initially it starts with "create your friends group and have access to all the host nodes".